Report: Three Utah Markets In top Ten Of Most Overpriced

Report: Three Utah Markets In top Ten Of Most Overpriced

(Undated) — Three Utah housing markets rank in the top ten of the most overpriced markets in the country. The analysis from Florida Atlantic University looks at online listings, measuring the premiums buyers pay for their homes versus the expected values. Under that system, Ogden’s housing market ranked third with premiums above 63-percent. Provo ranked eighth and Salt Lake City ranked ninth, with both showing premiums well above 50-percent. Boise, Idaho was considered the most overvalued market.

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